UralFinPromBank expands range of loans to small-scale business

26 September 2006 (12:54)

UralFinPromBank decided to expand the range of loans to small-scale business. Their new program allows for an increase in the company’s floating assets as well as provides opportunities to buy things from equipment to real estate and to upgrade the production facilities.

The loan could be offered for any term not exceeding three years, with the annual interest rate determined uniquely in each particular case. The loan ranges from 300,000 RUR to 10,000,000 RUR. The preliminary decision as to whether to give a loan is reported to a client within twenty minutes.

The obvious advantages of this new program are its speed of delivery and the option of an early repay without any sanctions. The client can also choose the most reliable collateral, including securities, real and movable assets, and third party sponsorship.

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